Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
34 CHARLES MELROSE CLOSE is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £175,000 in July 2006, which was around 29% below the average July 2006 detached price in the West Suffolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 34 CHARLES MELROSE CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the three 34 CHARLES MELROSE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2006 27 JUL | £175,000 | £245,011 | 29% below HPI |
2002 11 JAN | £102,750 | £158,649 | 35% below HPI |
1995 22 SEP | £67,500 | £80,984 | 17% below HPI |
The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The three 34 CHARLES MELROSE CLOSE sales between September 1995 and July 2006 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2006 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.
34 CHARLES MELROSE CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of detached houses in Mildenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Mildenhall, and where 34 CHARLES MELROSE CLOSE lies on this distribution: 31% of detached houses are smaller than 34 CHARLES MELROSE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Mildenhall.
34 CHARLES MELROSE CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 34 CHARLES MELROSE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 34 CHARLES MELROSE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
34 CHARLES MELROSE CLOSE is located in MILDENHALL, in the IP28 postcode district. The below map shows the position of No. 34 on CHARLES MELROSE CLOSE.